AI News - February 2023

Interested in how AI influences various business sectors? Here’s your monthly sneak peek into our world!

What happens in AUTOMOTIVE?

> Mercedes-Benz partners up with Google and NVIDIA

Using AI to create self-driving cars is not the only thing AI can help with to ensure the highest standard of driving experience. The companies team up to introduce smart cars - the ones that automatically identify you and set cars’ settings to your own preferences. The cars can also tell you in simple terms what is wrong with them and easily set up a video call for you if you need it.

Why do we think it’s important? The case of Mercedes-Benz shows that AI is often about simple and safe uses that highly increase the product’s quality and not only about complex solutions.

Read more: link

What happens in LEGAL SECTOR?

> Law companies begin their journey with generative AI

Some law companies in the UK research generative AI models similar to ChatGPT to “answer simple questions about the law, draft documents, and take first passes at messages to clients.” However, there is a growing concern if such use does not breach client-lawyer confidentiality and GDPR, considering that such data often become part of the data which the model uses.

Why do we think it’s important? Being aware of the pros of AI is similarly important as being aware of the cons. Generative AI revolutionises all industries, making it even more crucial to understand how it works and its limitations.

Read more: link

What happens in BIG TECH?

> Microsoft puts ChatGPT into the Bing engine

This does not come as a surprise as Microsoft financially supports and invests in OpenAI, the creators of ChatGPT. Bing is a search engine that has been used significantly less than Google, attributing user choice to the quality of answers. With ChatGPT’s power, it can become a serious competitor for Google in the future.

Why do we think it’s important? Innovations such as ChatGPT can seriously change power dynamics between Big Tech companies. We closely monitor how the situation develops and can’t wait for Google’s response.

Read more: link

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